Pension Protection Fund

'Appropriate risk-based levy charge' would be considered

Estimated £38m deficit

10.5 million private sector DB members

Triple lock would become 'double lock'

Britains's embattled long-term savings industry will get a rare boost on Tuesday when figures from the Pension Protection Fund show that the rescue scheme for workers at collapsed companies has increased its assets.

The Pension Infrastructure Platform (PIP) will avoid construction risk and offer both debt and equity investment portions for UK investors, plan organisers say.

The Pensions Regulator (TPR) has banned three pension scheme trustees for life after uncovering "serious and persistent" breaches of investment regulations and legislation.

Retirement Planner's round up of the top pensions stories of the week.

Ministers and pension scheme representatives will meet every fortnight over the next three months to plan funding in UK infrastructure.

The Chancellor has confirmed he will unlock £20bn of pension fund assets to invest in private infrastructure in a bid to "overhaul the physical infrastructure of our nation".